Kagara continues to maintain contact with its suppliers and is appreciative of their support during this period.
To me this means they have not been paying the bills, one creditor who gets pissed off can bring it all undone.
I maintain these are dangerous times. im not saying its curtains but it is certainly nasty business.
BB its not panic merchants, they happen to have lost over 70% of their value in a couple of months, that should be a concern to everyone. There are many things going on behind the scenes that none of us know about, don't think anyone saw this coming yet they got sold down by people who did.
KZL Price at posting:
12.0¢ Sentiment: None Disclosure: Held